“Companies’ Procurement Skills Are Woefully Lacking” Article by Kate Vitasek in Supply Chain Brain “Even before the COVID-19 pandemic underscored the critical skills gap across the procurement and logistics landscape, a report by the American Productivity & Quality Center put a pin in the talent shortages facing today’s industry professionals…” Link: https://www.supplychainbrain.com/articles/35003-companies-procurement-skills-are-woefully-lacking
procurement
Transforming the procure-to-pay process
Procurement organizations often see challenges in the P2P (procure to pay) process that stem from unclear roles, an overly complex process, or uncertain service channels. But the good news is that the steps, strategies, and tools outlined by ScottMadden come directly from successful procurement transformations across a wide range of organizations and industries. Following these […]
Art of Procurement: Unpacking The Standing Neutral W/ Kate Vitasek
Philip Ideson podcast with Kate Vitasek on 17 February 2020 “In these complex deals, change is the norm and it’s very easy to get out of alignment as new players come in town. So we have to keep the relationship and the contract in continual alignment with everyone’s interests.” Here is the link: https://artofprocurement.com/episode302/
SCB 8 Feb: Organizations Must Improve Talent Development for Procurement
In a business environment driven by high customer expectations for speed and quality, increasing volatility and risk, and market interconnectedness, best-in-class procurement is a significant competitive differentiator.
APQC Report: Companies’ Procurement Skills Woefully Lacking
Article by Kate Vitasek published 10 Dec. 2019 in Forbes. Here is the link: https://www.forbes.com/sites/katevitasek/2019/12/10/apqc-report-companies-procurement-skills-woefully-lacking/#6c63883e79ed
Sourcing Industry Group (SIG) — 26 June 2019 — Myth-Busting
Procurement Myth-Busting – Putting Misconceptions to Rest Article by Kate Vitasek published 26 June on the SIG website. Many companies are on missions to improve their procurement processes… Here is the link: http://bit.ly/2QKbvLZ
Avoiding the Death Spiral
Many procurement organizations don’t realize they are in a virtual death spiral when it comes to cost-cutting. Procurement organizations that constantly demand lower and lower costs (often having a metric known as Purchase Price Variance) often find themselves in a painful death spiral with the companies’ supplier relationships. When a company gets in a tit-for-tat clash […]
Carillion Needed a Strong Dose of Vested
Carillion, the large British multinational facilities management and construction services company that went bankrupt early this year, is a textbook example of how not to collaborate, communicate and well, do business. Julie Jackson, managing director at OCS Group, summed up the situation nicely in a recent article for FMWorld. “If we can’t agree on a different way […]
Expert Insights on Procurement’s Role in 2018
According to a recent Zycus report, “Procurement Experts Outlook 2018”, businesses are “more than ever exposed to a myriad of complex issues revolving around cost savings, operational efficiency and obtaining a competitive edge through available data and human resources.”
Forbes — May 2017 — Philly ballot
Philly Voters Back ‘Best Value’ Change To City Procurement System Forbes article published by Kate Vitasek on 18 May 2017. Here’s the link: http://tinyurl.com/m9ck92l
